Bolla, sure we would like to see this system is well-optimized for maximum returns.
We have posted a couple of questions observations and problems of the EA.
Will you please respond to those? Thank you.
The EA seems to be good, of course with some smart money management. Subscribers in the forum can contribute to this aspect of the EA once they learn how the EA works.
Without knowing what the EA does and what its inputs do, it is hard to contribute effectively for its optimization. So, can you please give us some explination about the trading philosophy of the EA itself and functions of all its inputs.
Thanks.
-Vivek

Hi GBolla,
It looks like you left this gropu after getting the Easylanguage EA translated by Igorad!
Are you still with this group?
-Vivek

Hi Igor,
I just installed your EA, 'VolExExpert_v1.mq4 ' that you have translated from EasyLanguage to MT4 for GBolla.

It seems GBolla is not active in this group. Can you give some explination how the EA works.

Would love to run it on a demo and get a feel for it.
Thank you.
-Vivek

Anyone can help??

vars: atr(0),longLiqPt(0),shortLiqPt(9999 99),protLongStop(0),protShortStop(0 ),lowestClose4(0),highestClose4(0), bed(0),sed(0),stb(0),sts(0),canTrad e(0);

atr = avgtruerange(24);
lowestClose4 = lowest(close,4);
highestClose4 = highest(close,4);

canTrade = 0;
if(highestClose4 - lowestClose4 < atr) then canTrade = 1;

stb = open of tomorrow + .5*truerange;
sts = open of tomorrow - .5*truerange;

If(canTrade = 1 and entriesttoday(date) = 0) then
begin
buy("pattbuy") tomorrow at stb stop;
sell("pattsell") tomorrow at sts stop;
end;
if(canTrade = 0) then
begin
exitlong("longliq") at sts stop;
exitshort("shrtliq") at stb stop;
end;


Many thanks!!

Was wondering if anyone is familiar with the QQE indicator? If anyone could help me code this indicator in easylanguage i would really appreciate it

Here is the code:
//+------------------------------------------------------------------+
//| Qualitative Quantitative Estimation Indicator for Metatrader 4 |
//| Copyright © 2006Roman Ignatov |
//| mailto:roman.ignatov@gmail.com |
//+------------------------------------------------------------------+
#property copyright "Copyright © 200 Roman Ignatov"
#property link "mailto:roman.ignatov@gmail.com"

#property indicator_separate_window

#property indicator_buffers 2

#property indicator_color1 Navy
#property indicator_style1 STYLE_SOLID
#property indicator_width1 2

#property indicator_color2 Navy
#property indicator_style2 STYLE_DOT


extern int SF = 5;

int RSI_Period = 14;
int Wilders_Period;
int StartBar;

double TrLevelSlow[];
double AtrRsi[];
double MaAtrRsi[];
double Rsi[];
double RsiMa[];

int init()
{
Wilders_Period = RSI_Period * 2 - 1;
if (Wilders_Period < SF)
StartBar = SF;
else
StartBar = Wilders_Period;

IndicatorBuffers(6);
SetIndexBuffer(0, RsiMa);
SetIndexStyle(0, DRAW_LINE, STYLE_SOLID, 2);
SetIndexLabel(0, "Value 1");
SetIndexDrawBegin(0, StartBar);
SetIndexStyle(1, DRAW_LINE, STYLE_DOT);
SetIndexBuffer(1, TrLevelSlow);
SetIndexLabel(1, "Value 2");
SetIndexDrawBegin(1, StartBar);
SetIndexBuffer(2, AtrRsi);
SetIndexBuffer(3, MaAtrRsi);
SetIndexBuffer(4, Rsi);
IndicatorShortName(StringConcatenate("QQE(", SF, ")"));
return(0);
}


int start()
{
int counted, i;
double rsi0, rsi1, dar, tr, dv;

if(Bars <= StartBar)
return (0);

counted = IndicatorCounted();
if(counted < 1)
for(i = Bars - StartBar; i < Bars; i++)
{
TrLevelSlow[i] = 0.0;
AtrRsi[i] = 0.0;
MaAtrRsi[i] = 0.0;
Rsi[i] = 0.0;
RsiMa[i] = 0.0;
}

counted = Bars - counted - 1;

for (i = counted; i >= 0; i--)
Rsi[i] = iRSI(NULL, 0, RSI_Period, PRICE_CLOSE, i);

for (i = counted; i >= 0; i--)
{
RsiMa[i] = iMAOnArray(Rsi, 0, SF, 0, MODE_EMA, i);
AtrRsi[i] = MathAbs(RsiMa[i + 1] - RsiMa[i]);
}

for (i = counted; i >= 0; i--)
MaAtrRsi[i] = iMAOnArray(AtrRsi, 0, Wilders_Period, 0, MODE_EMA, i);

i = counted + 1;
tr = TrLevelSlow[i];
rsi1 = iMAOnArray(Rsi, 0, SF, 0, MODE_EMA, i);
while (i > 0)
{
i--;
rsi0 = iMAOnArray(Rsi, 0, SF, 0, MODE_EMA, i);
dar = iMAOnArray(MaAtrRsi, 0, Wilders_Period, 0, MODE_EMA, i) * 4.236;

dv = tr;
if (rsi0 < tr)
{
tr = rsi0 + dar;
if (rsi1 < dv)
if (tr > dv)
tr = dv;
}
else if (rsi0 > tr)
{
tr = rsi0 - dar;
if (rsi1 > dv)
if (tr < dv)
tr = dv;
}
TrLevelSlow[i] = tr;
rsi1 = rsi0;
}

return(0);
}

Hi,
May it please someone to mercifully translate the following Easylanguage codes to Metaquotes.
Thank you in advance.

Trend Bands

Variables: BandDays(28), DevConstant(3.500000);
Variables: keltnerTop(0), keltnerMid(0), keltnerBot(0), expSmoothPrice(0);
Variables: expSmoothRange(0);
Variables: altu(0),altd(0),up(0),down(0),dir(0),n(0),p(0);

IF (CURRENTBAR = 1) THEN
BEGIN
expSmoothPrice = CLOSE ;
expSmoothRange = HIGH-LOW ;
END ELSE
BEGIN
expSmoothPrice = (expSmoothPrice*(BandDays-1)+CLOSE)/BandDays ;
expSmoothRange = (expSmoothRange*(BandDays-1)+(HIGH-LOW))/BandDays ;
END ;

keltnerTop = expSmoothPrice+(expSmoothRange*DevConstant) ;
keltnerMid = expSmoothPrice ;
keltnerBot = expSmoothPrice-(expSmoothRange*DevConstant) ;

if close <= KeltnerMid then altd = 1 else altd = 0;
if altd = 1 and high[1] <= KeltnerMid and close < Low[1] then begin
dir = -1 ;
end;

if close >= KeltnerMid then altu = 1 else altu = 0;
if altu = 1 and low[1] >= KeltnerMid and close > high[1] then begin
dir = 1;
end;

if dir = -1 then setplotcolor(2,magenta);
if dir = 1 then setplotcolor(2,green);


PLOT1 (keltnerTop, "TBand Top") ;
PLOT2 (keltnerMid, "TBand Mid") ;
PLOT3 (keltnerBot, "TBand Bot") ;



Trigger Lines

variables: Length(20), TrigAvg(5), UpColor(green), DnColor(magenta);
Variables: xAvg(0),yAvg(0);

yAvg = TimeSeriesForecast (Length, 0) ;
xAvg = XAverage (yAvg, TrigAvg) ;
PLOT1 (yAvg, "Trigger");
PLOT2 (xAvg, "AverageTSF") ;
IF (PLOT2 >= PLOT1) THEN
BEGIN
SETPLOTCOLOR (1, DnColor) ;
SETPLOTCOLOR (2, DnColor) ;
END ELSE
BEGIN
SETPLOTCOLOR (1, UpColor) ;
SETPLOTCOLOR (2, UpColor) ;
END ;

Plot3(yAvg,"Sy");

Trade Activator

First the TSI Function

Inputs:
Price(NumericSeries), r(NumericSimple), s(NumericSimple),

u(NumericSimple);

Value1= 100*TXAverage(Price-Price[1],r,s,u) ; { Numerator }

Value2=TXAverage(AbsValue(Price-Price[1]),r,s,u) ; { Denominator }

If Value2 <> 0 then TSI = Value1 / Value2

Else TSI = 0;


The Indicator
Inputs: Price(c), r(7), s(27), u(1), SmthLen(7);

Value1= TSI(Price, r, s, u);

Value2= XAverage(TSI(Price, r, s, u), SmthLen);

plot1(value2,"XAverage");
plot2(value2,"SXAverage");

plot3(value1,"TSI");

IF (PLOT1 >= PLOT3) THEN
BEGIN
SETPLOTCOLOR (1, magenta) ;
SETPLOTCOLOR (3, magenta) ;
END ELSE
BEGIN
SETPLOTCOLOR (1, green) ;
SETPLOTCOLOR (3, green) ;
END ;

plot4(value1,"STSI");
plot5(value1,"Histogram");

Hi newdigital and codersguru,i have been following both of you and reading alot of posts and threads on this great site, but i need your help with a indicator i need to help me with my trading.The indicator plots HH/LL/HL/LH at extreme turning points, i found the indicator on the Traderslaboratory site under Swing Trading and it was posted by Tams, with easy language code.He said he thinks that there is a mt4 version, but alas i can not find it after much searching on the site,and i was wondering if you know if it exists or can you help me program it for mt4,i have attached a picture of what i need.I think it is a good indicator and would benefit alot of people.So if you could help me i would be truly greatful.The Easy language code is on the TL site but i could not transfer in on to this site as a attachment.I hope you can help me?

Thanking you in advance.,
Pat

Attached Images

HH_LL_w_Lines.gif (10.2 KB, 11 views)

Hi all,

I came across this page that has an interesting indicator, called Trendiness indicator.

Breakout Bulletin - February 2003

The formula is very simple - EasyLanguage:

AbsValue(C - C[NBars])/Average(TrueRange, NBars);

Does anyone know if this exists for MT4? Also, does anyone have any experience with it, I mean how good it is for identifying trends?

Thanks